Veem
by Veem · Global Payouts
B2B payments platform for domestic and international transfers, invoicing and AP/AR.
Updated August 2026 · By the ERP Research Editorial Team · Independent and vendor-neutral.
- Works with
- QuickBooksXero
NetSuite - Deployment
- Cloud
- Company size
- SMB, Mid-market
- Pricing
- Tiered subscription plus per-transfer fees
- Founded
- 2014
- Headquarters
- San Francisco, United States
Overview
Veem is a global business payments platform, originally founded in 2014 as Align Commerce before rebranding, offering domestic and international B2B money transfers, invoicing, and accounts payable/receivable tools aimed mainly at small and mid-sized businesses. The company reports its network serves more than 500,000 businesses in over 100 countries, and routes payments through what it calls multi-rail technology spanning bank transfer, card and check.
The platform centers on payables and receivables workflows: batch payment processing, configurable approval flows, 1099 contractor tracking, and two-way sync with accounting software so bill status and reconciliation stay current without manual re-entry. A Veem Wallet lets users hold and self-fund balances.
Veem integrates with QuickBooks Online, Xero and Oracle NetSuite, and exposes an API for embedding payments into other workflows. Pricing is tiered, from a free plan through a $14.99/month Basic plan, with per-transfer fees that vary by rail (ACH, same-day ACH, international wire, card).
Screenshots & demo
Demo video from the vendor's YouTube channel.
Modules & capabilities
Veem covers 15 of 37 capabilities we track in this category (+1 partial)
41%- Broad country/territory payout coverageInternational wire transfers to 100+ countriesCore strength
- Multi-currency payout supportNot evidenced
- Local payment rail accessDomestic ACH/EFT, check, same-day ACH, multi-rail routingCore strength
- Same-day / instant payment optionsSame-day ACH transfersCore strength
- Multiple payout methodsBank transfer, card and check routingCore strength
“Not evidenced” means our research found no public documentation of this capability — the vendor may still offer it. Confirm on a demo.
Common use cases
- Paying international suppliers or contractors without maintaining foreign bank accounts
- Automating accounts payable approval workflows for a small finance team
- Collecting and reconciling customer invoices through QuickBooks or Xero sync
- Sending contractor payments with 1099 tracking
- Using the API to embed payouts into a marketplace or SaaS platform
- Choosing between ACH, wire, or card rails based on cost and speed
Strengths & considerations
Strengths
- Multi-rail routing that can deliver payments via bank transfer, card, or check depending on the recipient
- Free plan and transparent per-transfer pricing aimed at small businesses
- Two-way sync with QuickBooks Online, Xero and NetSuite that eliminates manual bill reconciliation
Used Veem with your ERP? Rate it in 30 seconds — it helps every buyer after you.
Rate itERP integrations
Listed on the NetSuite SuiteApp Store.
Listed on the QuickBooks App Store; import invoices and pay global business partners directly from QuickBooks, with automatic sync back.
Listed on the Xero App Store; two-way integration using Xero as the source of truth, with automatic reconciliation.
Connector details independently verified against vendor marketplaces and documentation; last checked 2026-08-20.
Pricing
Full Veem pricing breakdown — cost at 25/100/500 seats, competitor rates & FAQs
ACH/EFT transfers are free on paid plans ($1 on the free tier); same-day ACH costs 0.5% of the amount; USD international transfers cost $29-$40; card payments cost 1.5-3.75% of the amount. Get an independent shortlist with pricing guidance below.
What does Veem cost?
Veem prices by quote, like most of this category. Here is what actually drives your number — and what to ask before you get one.
1 of the 9 vendors we track in this category publish no list price at all.
Technical & security
- Hosting
- SaaS
- Compliance
- SOC 2 Type II, PCI DSS
About the vendor
- Founded
- 2014
- Headquarters
- San Francisco, United States
- Ownership
- Private
Alternatives to Veem in Global Payouts
Veem — frequently asked questions
What accounting software does Veem integrate with?
Veem offers two-way integrations with QuickBooks Online, Xero and Oracle NetSuite, syncing bill and invoice data so payment status and reconciliation stay current without manual entry.
How much does Veem cost?
Veem has a free plan and a Basic plan starting at $14.99/month with two included transactions. ACH/EFT transfers are free on paid plans, while same-day ACH costs 0.5% of the transfer amount and USD international transfers cost $29-$40 depending on the amount.
Does Veem support international payments?
Yes. Veem routes cross-border B2B payments to more than 100 countries using a mix of bank transfer, card and check rails, alongside domestic ACH/EFT and same-day options in the US.
Is Veem secure and compliant?
Veem holds SOC 2 Type II attestation and is PCI-DSS compliant, and it maintains money-transmitter licenses in 46 US states.
Compare Veem head-to-head
The Global Payouts Buyer's Guide
Before you commit to Veem, see how it sits against the 9 global payouts systems we track — on capability, ERP integration depth and what each one actually charges for.
Global Payouts Buyer's Guide
9 systems compared · 2026
ERP Research
- Veem compared side-by-side with 8 alternatives
- ERP integration checklist — what to verify before you shortlist
- The pricing questions that change the quote
- A Veem evaluation brief, included with the guide
Global Payouts Buyer's Guide
Get a quote for Veem
Veem publishes a list price, but the number you pay depends on volume, modules and integration scope. Tell us your setup and we'll come back with a realistic figure and the alternatives worth quoting against it.